Diablo Canyon Pacific Gas & Electric Co. made national news when it announced last week that it will operate the Diablo Canyon nuclear power plant through its original license period and then retire the facility in the mid-2020s. Some parties are suggesting—wrongly—that the agreement is a blueprint for nuclear plant retirements in other states. Don't buy that argument. To be clear: The convergence of policies and events that drove the Diablo Canyon agreement is not desirable and should not be replicated. California residents now confront a risky experiment based on an unbalanced energy future. As NEI's Revis James wrote yesterday at Real Clear Energy : The anti-nuclear lobby says that a future primarily powered by renewable sources of energy is upon us. We’ve done the math, and the equation doesn’t balance. Rather, this seems more like a flawed experiment that will put greater pressure on consumers through higher electricity prices while increasing, not decreasing, ...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.